Market leading insight for tax experts
View online issue

Belarus: tax treaties

printer Mail

Belarus has suspended provisions of many of its double taxation agreements. This action affects the 2017 UK-Belarus Double Taxation Convention together with DTCs Belarus had previously agreed with 26 other countries.

The Belarus decision suspends provisions relating to dividends, interest and capital gains with effect from 1 June 2024 and also introduces discriminatory taxes on dividends and other income in respect of businesses located in the UK with effect from 1 April 2024. This means that Belarus is not honouring agreed limits on what it may tax at source and has placed other restrictions on the conduct of business by non-Belarusians in Belarus.

The UK-Belarus Convention does not permit this unilateral action. HMRC report that the UK considers the treaty to remain in force, is continuing to comply with its terms and has asked Belarus to reverse its action.

Issue: 1665
Categories: News